Westin Acquisition Corp (WSTN) News & EventsWSTNWestin Acquisition Corp

First Choice Healthcare Enters Merger Agreement with Westin Valued at Approximately $650M

First Choice Healthcare (FCHS) announced that it has entered into an agreement and plan of merger with Westin Acquisition (WSTN) and First Choice Acquisition, a Delaware corporation, pursuant to which, immediately prior to the closing of the proposed business combination, Westin will domesticate from the Cayman Islands to the State of Nevada and continue as Wellgevity 360, following which Merger Sub will merge with and into the company, with the company surviving as a wholly owned subsidiary of PubCo. Pursuant to the agreement, prior to the closing of the proposed transaction, Westin will domesticate from the Cayman Islands to the State of Nevada, upon the domestication effective time, Westin will continue as a Nevada corporation. Following the domestication, merger sub, a Delaware corporation and wholly owned subsidiary of PubCo, will merge with and into the company, with the company surviving the merger as a wholly owned subsidiary of PubCo, in each case subject to the terms and conditions of the agreement. The proposed transaction implies a pre-money equity value of approximately $650M for the company. Additional information regarding transaction proceeds, sources and uses of funds, and pro forma ownership will be included in the registration statement and other transaction-related materials to be filed in connection with the proposed transaction. The parties may also cooperate in connection with any additional financing arrangements sought in connection with the proposed transaction. The proposed transaction, which has been approved by the boards of directors of both Westin and the company, is subject to regulatory approvals, the approvals by the shareholders of Westin and the company, respectively, and the satisfaction of certain other customary closing conditions, including, among others, a registration statement, of which the proxy statement/prospectus forms a part, being declared effective by the U.S. Securities and Exchange Commission, and the approval by Nasdaq of the listing application of the combined company.

Westin Acquisition Announces Unit Separation Trading Plan

Westin Acquisition Corp announced that holders of its 5,750,000 units sold in the Company's initial public offering may elect to separately trade the ordinary shares and rights included in the units, commencing on or about December 31, 2025. Any units not separated will continue to trade on the Nasdaq Capital Market under the symbol "WSTNU," and the separated ordinary shares and rights are expected to trade on the Nasdaq under the symbols "WSTN" and "WSTNR", respectively. Holders of units will need to have their brokers contact Odyssey Stock Transfer & Trust Company, the Company's transfer agent, in order to separate the units into Class A ordinary shares and rights.